Markets in focus: France, Germany, Italy, Poland, UK
When: Thursday 19 November, 9:00 – 11:30
Where: Espace 2000 D
The development of the European wind sector has been driven to date by the legally binding targets imposed by the 2009 EU Renewable Energy Directive and the relatively simple subsidy mechanisms that national Governments put in place to help meet them. Now, however, the dynamics of onshore and offshore wind projects are changing significantly as automatically available Green Certificates and fixed rate Feed-in Tariffs are phased out in favour of more market-based support schemes. Partly under pressure from the European Commission and the policy set out in its 2014 Guidelines on State Aid for Environmental Protection and Energy, and partly as a result of constraints on national budgets, producers will increasingly have to compete on prices in order to be awarded any support at all, plus the level of support they receive will vary with the assumed market price of power. The new regimes can be conceived as better from a producer point of view, but their rapid development and greater complexity presents challenges at all stages of project development and operation.
In this session, Dentons lawyers from five major EU renewables markets will highlight key issues to watch out for when structuring and writing contracts for European wind projects in this new environment, and discuss the application of “lessons learned” between jurisdictions, as well as the potential impacts of wider regulatory and commercial trends.
Participation to this event is by invitation only.
For more information, please contact Iryna Batmanova, Business Development Manager, Energy, Dentons Europe [email protected]